What three properties do the preferences of the representative consumer have? Explain the importance of each.

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Macroeconomics

ISBN: 978-0134472119

6th Edition

Authors: Stephen D. Williamson

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Question Posted: Feb 21, 2020 07:26 AM

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What three properties do the preferences of the representative consumer have? Explain the importance of each.

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1 More is preferred to less Consumers always want more consumption more leisu...View the full answer

Macroeconomics

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